Balkrishna Industries Ltd.

BSE: BALKRISIND502355ISIN INE787D01026

Consumer Discretionary
Tyres & Rubber Products
BSE 200

BSE listing

Share price

₹2,267.75+96.55 (+4.45%)

as of 18 Sep 2026

52W high: ₹2,775.00
52W low: ₹1,971.50
Off 52W high: -18.28%
1M return: -4.20%
3M return: +1.04%
6M return: +7.77%
1Y return: -9.48%
20D avg volume: 15,168
50 DMA: ₹2,272.36
200 DMA: ₹2,288.59

Key ratios Consolidated

Market cap: ₹43,840 Cr
Current price: ₹2,267.75
52W high / low: ₹2,775.00 / ₹1,971.50
Face value: ₹2.00
P/E: 31.19
P/B: —
EPS (TTM): ₹72.71
Book value / share: —
ROE: —
ROCE: 14.00%
Operating margin: —
Net margin: —
Debt / equity: 0.37
Net debt: ₹4,045 Cr
Interest cover: 13.30
Dividend yield: 0.71%
Dividend / share (TTM): ₹16.00
Payout: 22.01%
Cash conversion cycle: 79.0 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	3,455	2,933	2,737	2,393	2,760	2,752	2,560	2,420	2,714	2,682	2,274	2,253
	99.67	-3.92	77.41	71.20	107.14	99.37	187.29	90.50	161.63	170.74	65.63	107.09
	2,954	2,528	2,323	2,107	2,473	2,367	2,148	2,048	2,236	2,206	1,931	1,905
	1,861	1,469	1,313	1,108	1,251	1,317	1,264	1,129	1,275	1,219	1,085	1,071
	80.10	51.81	40.57	37.92	35.56	35.64	36.08	29.03	34.88	33.63	30.09	26.61
	172.74	158.24	146.03	143.50	148.42	149.69	144.73	130.51	129.43	130.38	126.29	124.21
	36.77	36.24	34.05	32.54	30.79	49.50	15.71	41.21	21.92	30.87	36.44	23.85
	206.25	198.86	195.34	192.59	188.17	178.23	172.59	166.44	163.40	174.15	160.85	160.43
	811.38	726.02	617.67	586.52	769.10	610.57	420.67	372.33	448.32	405.44	405.47	401.30
	601.05	400.94	491.06	357.30	394.38	485.15	599.68	462.64	639.92	646.84	408.94	455.52
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	601.05	400.94	491.06	357.30	394.38	485.15	599.68	462.64	639.92	646.84	408.94	455.52
	150.28	101.48	108.91	84.11	106.08	116.60	150.20	115.70	149.93	160.09	103.52	108.08
	450.77	299.46	382.15	273.19	288.30	368.55	449.48	346.94	489.99	486.75	305.42	347.44
	23.32	15.49	19.77	14.13	14.91	19.06	23.25	17.95	25.35	25.18	15.80	17.97
Key metrics
	844.07	636.04	720.45	582.43	613.34	712.88	787.98	670.29	825.24	851.86	606.23	639.80
	24.40%	21.70%	26.30%	24.30%	22.20%	25.90%	30.80%	27.70%	30.40%	31.80%	26.70%	28.40%
	13.00%	10.20%	14.00%	11.40%	10.40%	13.40%	17.60%	14.30%	18.10%	18.10%	13.40%	15.40%
	—	3.40%	—	3.30%	—	4.70%	—	—	—	—	—	—
	25.20%	6.60%	6.90%	-1.10%	1.70%	2.60%	12.60%	7.40%	—	—	—	—
	56.40%	-18.70%	-15.00%	-21.30%	-41.20%	-24.30%	47.20%	-0.10%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	11,518	10,823	10,447	9,369	9,760	8,295	5,783	4,811	5,210	4,461
	244.36	251.83	538.79	449.22	346.53	437.92	172.16	250.78	218.17	339.75
	9,912	9,431	8,798	7,877	8,671	6,751	4,400	3,922	4,252	3,685
	5,751	5,141	4,985	4,404	4,804	3,958	2,379	2,023	2,441	2,165
	210.40	165.86	135.63	119.85	106.25	77.53	75.58	56.31	62.70	29.23
	620.51	596.19	554.36	499.51	459.43	430.07	370.86	328.63	299.15	279.92
	139.60	133.62	128.34	112.87	48.04	9.15	11.38	8.90	11.13	13.87
	793.04	774.96	680.66	650.72	570.81	455.37	416.30	373.61	332.61	311.40
	2,742	2,699	2,375	1,612	1,565	2,078	1,291	1,073	1,165	936.27
	1,850	1,644	2,187	1,941	1,435	1,982	1,555	1,140	1,177	1,116
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	1,850	1,644	2,187	1,941	1,435	1,982	1,555	1,140	1,177	1,116
	444.78	400.58	532.43	469.51	377.39	546.77	377.39	179.87	402.91	380.25
	1,406	1,243	1,655	1,471	1,057	1,435	1,178	959.65	773.65	735.79
	72.71	64.30	85.61	76.12	54.70	74.25	60.91	49.64	40.02	—
Key metrics
	2,783	2,552	2,996	2,705	2,054	2,447	1,983	1,522	1,520	1,441
	24.16%	23.60%	28.70%	28.90%	21.00%	29.50%	34.30%	31.60%	29.20%	32.30%
	12.20%	11.50%	15.80%	15.70%	10.80%	17.30%	20.40%	19.90%	14.80%	16.50%
	—	14.00%	20.30%	—	—	—	—	—	—	—
	—	3.60%	11.50%	-4.00%	17.70%	43.40%	20.20%	-7.70%	16.80%	—
	—	-24.90%	12.50%	39.20%	-26.30%	21.90%	22.70%	24.00%	5.10%	—
	—	-753.97	281.14	—	—	—	—	—	—	—
	—	1.81	1.07	—	—	—	—	—	—	—
	—	0.37	0.31	—	—	—	—	—	—	—
	—	4,045	3,182	—	—	—	—	—	—	—
	—	79.0	88.2	—	—	—	—	—	—	—
Balance sheet
	—	17,766	15,635	—	—	—	—	—	—	—
	—	5,154	5,571	—	—	—	—	—	—	—
	—	60.92	80.24	—	—	—	—	—	—	—
	—	1,447	1,495	—	—	—	—	—	—	—
	—	1,808	1,782	—	—	—	—	—	—	—
	—	484.14	405.30	—	—	—	—	—	—	—
	—	7,327	6,856	—	—	—	—	—	—	—
	—	912.26	753.93	—	—	—	—	—	—	—
	—	5,089	4,227	—	—	—	—	—	—	—
	—	4,106	3,263	—	—	—	—	—	—	—
	—	3,218	2,875	—	—	—	—	—	—	—
	—	888.00	387.30	—	—	—	—	—	—	—
	—	10,955	10,388	—	—	—	—	—	—	—
Cash flow
	—	2,249	1,764	—	—	—	—	—	—	—
	—	-2,523	-1,479	—	—	—	—	—	—	—
	—	254.24	-279.01	—	—	—	—	—	—	—
	—	3,003	1,483	—	—	—	—	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	3,445	2,941	2,730	2,389	2,760	2,747	2,541	2,436	2,690	2,673	2,280	2,226
	98.31	-3.61	76.75	70.92	104.20	99.03	186.69	90.00	158.83	170.61	66.49	106.96
	2,961	2,543	2,323	2,112	2,473	2,370	2,138	2,061	2,222	2,210	1,935	1,889
	1,861	1,469	1,313	1,108	1,251	1,317	1,264	1,129	1,275	1,219	1,085	1,071
	74.37	48.69	39.42	36.99	34.75	35.18	35.71	28.42	34.03	32.18	29.75	26.22
	153.21	135.41	129.69	126.18	130.32	128.04	130.93	118.57	116.01	110.64	113.69	111.45
	36.18	35.26	33.44	31.93	30.09	48.89	15.00	40.35	20.97	29.88	35.37	22.88
	203.32	195.53	192.09	190.13	186.20	176.41	170.77	164.66	161.69	172.37	159.06	158.64
	833.44	749.76	640.89	606.58	788.68	632.88	441.03	386.33	462.57	431.36	419.85	416.74
	581.95	394.99	483.39	347.17	391.27	475.39	588.97	465.32	626.61	633.64	411.06	443.84
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	581.95	394.99	483.39	347.17	391.27	475.39	588.97	465.32	626.61	633.64	411.06	443.84
	149.85	99.90	108.41	82.56	104.10	113.30	149.58	115.72	149.32	152.79	101.97	108.45
	432.10	295.09	374.98	264.61	287.17	362.09	439.39	349.60	477.29	480.85	309.09	335.39
	22.35	15.26	19.40	13.68	14.86	18.73	22.73	18.08	24.69	24.88	15.99	17.35
Key metrics
	821.45	625.78	708.92	569.23	607.56	700.69	774.74	670.33	809.27	835.89	605.49	625.36
	23.80%	21.30%	26.00%	23.80%	22.00%	25.50%	30.50%	27.50%	30.10%	31.30%	26.60%	28.10%
	12.50%	10.00%	13.70%	11.10%	10.40%	13.20%	17.30%	14.40%	17.70%	18.00%	13.60%	15.10%
	—	3.40%	—	3.30%	—	4.60%	—	—	—	—	—	—
	24.80%	7.10%	7.40%	-2.00%	2.60%	2.80%	11.40%	9.50%	—	—	—	—
	50.50%	-18.50%	-14.70%	-24.30%	-39.80%	-24.70%	42.20%	4.20%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	11,504	10,820	10,413	9,299	9,811	8,267	5,758	4,782	5,244	4,464
	242.37	248.26	534.55	447.74	337.79	430.60	161.45	248.77	214.21	336.21
	9,939	9,451	8,791	7,847	8,697	6,743	4,388	3,908	4,276	3,682
	5,751	5,141	4,985	4,404	4,804	3,958	2,379	2,023	2,441	2,165
	199.47	159.85	133.34	116.83	104.38	76.12	72.19	54.77	60.37	27.62
	544.49	521.60	493.55	441.25	404.16	380.43	325.94	285.82	263.63	248.78
	136.81	130.72	125.21	108.93	45.64	7.86	9.82	7.27	9.79	13.06
	781.07	763.95	673.53	643.78	556.63	443.77	406.15	368.01	332.55	311.34
	2,831	2,786	2,436	1,682	1,638	2,132	1,344	1,121	1,207	959.15
	1,808	1,617	2,156	1,899	1,451	1,954	1,531	1,123	1,183	1,118
	0.00	0.00	0.00	—	—	—	—	—	—	—
	1,808	1,617	2,156	1,899	1,451	1,954	1,531	1,123	1,183	1,118
	440.72	394.97	527.92	461.48	372.45	543.78	375.61	177.86	401.01	379.24
	1,367	1,222	1,628	1,438	1,079	1,411	1,155	944.98	782.00	739.25
	70.69	63.20	84.23	74.37	55.80	72.97	59.77	48.88	40.45	—
Key metrics
	2,725	2,511	2,955	2,652	2,053	2,406	1,947	1,498	1,525	1,443
	23.69%	23.20%	28.40%	28.50%	20.90%	29.10%	33.80%	31.30%	29.10%	32.30%
	11.88%	11.30%	15.60%	15.50%	11.00%	17.10%	20.10%	19.80%	14.90%	16.60%
	—	13.80%	20.00%	—	—	—	—	—	—	—
	—	3.90%	12.00%	-5.20%	18.70%	43.60%	20.40%	-8.80%	17.50%	—
	—	-25.00%	13.30%	33.30%	-23.50%	22.10%	22.30%	20.80%	5.80%	—
	—	-760.71	273.10	—	—	—	—	—	—	—
	—	1.82	1.08	—	—	—	—	—	—	—
	—	0.37	0.31	—	—	—	—	—	—	—
	—	4,022	3,156	—	—	—	—	—	—	—
	—	81.5	90.5	—	—	—	—	—	—	—
Balance sheet
	—	17,713	15,560	—	—	—	—	—	—	—
	—	5,132	5,519	—	—	—	—	—	—	—
	—	26.68	56.55	—	—	—	—	—	—	—
	—	1,622	1,611	—	—	—	—	—	—	—
	—	1,714	1,716	—	—	—	—	—	—	—
	—	414.63	326.66	—	—	—	—	—	—	—
	—	7,297	6,834	—	—	—	—	—	—	—
	—	918.24	745.50	—	—	—	—	—	—	—
	—	5,029	4,163	—	—	—	—	—	—	—
	—	4,049	3,212	—	—	—	—	—	—	—
	—	3,161	2,825	—	—	—	—	—	—	—
	—	888.00	387.30	—	—	—	—	—	—	—
	—	10,966	10,384	—	—	—	—	—	—	—
Cash flow
	—	2,224	1,753	—	—	—	—	—	—	—
	—	-2,504	-1,477	—	—	—	—	—	—	—
	—	250.54	-267.56	—	—	—	—	—	—	—
	—	2,985	1,480	—	—	—	—	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +3.32%
Sales CAGR 5Y: +13.45%
Sales CAGR 10Y: —
Profit CAGR 3Y: +4.24%
Profit CAGR 5Y: +1.12%
Profit CAGR 10Y: —
Sales YoY (TTM): +9.73%
Profit YoY (TTM): -4.97%

Consolidated

Sales CAGR 3Y: +3.51%
Sales CAGR 5Y: +13.35%
Sales CAGR 10Y: —
Profit CAGR 3Y: +5.54%
Profit CAGR 5Y: +1.09%
Profit CAGR 10Y: —
Sales YoY (TTM): +9.78%
Profit YoY (TTM): -3.28%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Jun 2026

Promoter holding: 58.29%

Holder	Type	Holding	Previous	Change
RAJIV PODDAR	Promoter	27.71%	—	—
VKP ENTERPRISES LLP	Promoter Group	24.95%	—	—
HDFC MUTUAL FUND - HDFC MULTI CAP FUND	Public	9.54%	—	—
LIFE INSURANCE CORPORATION OF INDIA - ULIF00420091	Public	4.28%	—	—
KHUSHBOO RAJIV PODDAR	Promoter Group	3.93%	—	—
SBI LARGE & MIDCAP FUND	Public	2.41%	—	—
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA ETF	Public	2.31%	—	—
GOVERNMENT PENSION FUND GLOBAL	Public	1.53%	—	—
RISHABH SURESHKUMAR PODDAR	Promoter Group	1.44%	—	—
ICICI PRUDENTIAL MUTUAL FUND - ICICI PRUDENTIAL NI	Public	1.32%	—	—
TMP ENTERPRIES LLP	Promoter Group	0.26%	—	—
S P INVESTRADE (INDIA) LIMITED	Promoter Group	0.00%	—	—
BALGOPAL HOLDING & TRADERS LTD	Promoter Group	0.00%	—	—
SHYAMLATA SURESHKUMAR PODDAR	Promoter Group	0.00%	—	—
RAP ENTERPRISES LLP	Promoter Group	0.00%	—	—

Public shareholders are disclosed individually only above 1%.

Filings & corporate actions

Recent announcements

Newspaper Publication18 Sep 2026 · Company Update / General
Please find attached herewith outcome of Finance Committee Meeting held on 3rd September, 2026.3 Sep 2026 · Company Update / Allotment of Equity Shares
Outcome of Finance committee Meeting held on 3rd September, 2026 under Regulation 30 of SEBI LODR 2015.3 Sep 2026 · Others / Outcome without intimation
Pursuant to Regulation 30 of SEBI LODR 2015, please find attached herewith Credit Rating Letter25 Aug 2026 · Company Update / Credit Rating
Please find attached herewith outcome of finance committee meeting held on 18.08.202618 Aug 2026 · Company Update / Raising of Funds
This is to inform you that the Finance Committee of the Board of Directors of Balkrishna Industries Limited ('Company') at its meeting held today i.e. 18th August, 2026, has considered ....18 Aug 2026 · Board Meeting / Outcome of Board Meeting
Balkrishna Industries Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 18/08/2026 ,inter alia, to consider and approve Pursuant to Regulations ....13 Aug 2026 · Board Meeting / Board Meeting
Please find attached herewith Transcript of Conference Call with Investors/Analysts conducted on Thursday, the 30th July, 2026 to discuss Q1 and FY 27 Results of the company.5 Aug 2026 · Company Update / Earnings Call Transcript
Please Find Attached herewith newspaper Publication31 Jul 2026 · Company Update / Newspaper Publication
In continuation of our letter dated 27th July, 2026 and pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the audio recording ....30 Jul 2026 · Company Update / Analyst / Investor Meet
Please find attached herewith Consolidated Scrutinizers report for 64th AGM.30 Jul 2026 · AGM/EGM / AGM
Please find attached herewith Voting results of the business transacted at 64th Annual General Meeting held on Wednesday, the 29th July, 2026 and Consolidated Scrutinizers report. All resolutions ....30 Jul 2026 · AGM/EGM / AGM
Outcome of AGM held on 29th July, 202630 Jul 2026 · AGM/EGM / AGM
Investor Presentation July 202629 Jul 2026 · Company Update / Investor Presentation
The Board has declared 1st Interim Dividend of Rs. 4.00 per equity share (200%) on the Equity Shares of Rs. 2/-each (face value) for the financial year 2026-27.29 Jul 2026 · Corp. Action / Dividend
Outcome of Board Meeting held on Wednesday, the 29th July, 202629 Jul 2026 · Board Meeting / Outcome of Board Meeting
Newspaper Publication27 Jul 2026 · Company Update / Newspaper Publication
Balkrishna Industries Limited would be having an earnings conference call to discuss the operational and financial performance for Q1 FY27. The said Conference call is scheduled on Thursday, ....27 Jul 2026 · Company Update / Analyst / Investor Meet
Intimation for record date for payment of 1st Interim Dividend for FY 2026-27, if declared, shall be paid to the equity shareholders whose name appears on the Register of Members of the ....25 Jul 2026 · Corp. Action / Dividend
Balkrishna Industries Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/07/2026 ,inter alia, to consider and approve (i) Unaudited financial ....25 Jul 2026 · Board Meeting / Board Meeting
Pursuant to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations 2018, please find enclosed the certificates received from M/s. KFin Technologies Limited, the Registrar ....15 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Please find attached herewith Newspaper Advertisement Published on 8th July, 2026 in newspapers Business Standard and Sakal related to Notice of 64th AGM, record date for Final Dividend.8 Jul 2026 · Company Update / General
Please find attached herewith Business Responsibility and Sustainability Report for FY 2025-266 Jul 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
We are enclosing herewith Notice of 64th Annual General Meeting and Integrated Annual report for year 2025-26.6 Jul 2026 · AGM/EGM / AGM
Pursuant to Regulations 34(1) and 53(2) of the SEBI (Listing Regulations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith the Annual Report of the Company for the ....6 Jul 2026 · Others
Pursuant to Regulations 34(1) and 53(2) of the SEBI (Listing Regulations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith the Annual Report of the Company for the ....6 Jul 2026 · Others / Reg. 34 (1) Annual Report
We are herewith submitting the disclosure pursuant to Regulation 30(4) read with Para B of Part A of Schedule III of the SEBI ( Listing Obligations and Disclosure Requirements ) Regulations, ....29 Jun 2026 · Company Update / General
We would like to inform you that the trading window for dealing in the securities of the Company shall remain closed for all Designated persons covered under the code from 1st July, 2026 ....26 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Disclosure under Regulation 30 of SEBI (LODR) Regulations,2015 - Resignation of Senior Management Personnel.23 Jun 2026 · Company Update / Cessation
This is to inform you that 64th Annual General Meeting of Members of the Company is scheduled to be convened on Wednesday, the 29th July, 2026. Pursuant to Regulation 42 of SEBI LODR, ....18 Jun 2026 · AGM/EGM / AGM
This is to inform you that 64th Annual General Meeting of Members of the Company is scheduled to be convened on Wednesday, the 29th July, 2026. Pursuant to Regulation 42 of SEBI LODR, ....18 Jun 2026 · AGM/EGM / AGM
This is to inform you that 64th Annual General Meeting of Members of the Company is scheduled to be convened on Wednesday, the 29th July, 2026. Pursuant to Regulation 42 of SEBI LODR, ....18 Jun 2026 · Corp Action / Dividend/AGM
Outcome of Board Meeting held on 17th June, 202617 Jun 2026 · Others / Outcome without intimation
Intimation Pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI LODR 2015 and SEBI Master Circular dated 30th January, 2026 Change in Key Managerial Personnel (Chief ....17 Jun 2026 · Company Update / Change in Management
Newspaper Publication11 Jun 2026 · Company Update / Newspaper Publication
Submission of Annual Secretarial Compliance Report for financial year ended 31st March,202625 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Transcript of Conference call with Investors/ Analysts conducted on Saturday, 9th May 2026 to discuss the Q4 and FY26 Results.14 May 2026 · Company Update / Earnings Call Transcript
Newspaper Publication11 May 2026 · Company Update / Newspaper Publication
Pursuant to the relevant provisions of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015, we would like to inform you that the officials of the Company will be interacting ....11 May 2026 · Company Update / Analyst / Investor Meet
Please Find enclosed herewith Newspaper Publication11 May 2026 · Company Update / Newspaper Publication

Corporate actions

Purpose	Ex date	Record date	Payment date
Interim Dividend - Rs. - 4.0000	4 Aug 2026	4 Aug 2026	—
Final Dividend - Rs. - 4.0000	17 Jul 2026	17 Jul 2026	—
Interim Dividend - Rs. - 4.0000	2 Feb 2026	2 Feb 2026	—
Interim Dividend - Rs. - 4.0000	7 Nov 2025	7 Nov 2025	—
Interim Dividend - Rs. - 4.0000	31 Jul 2025	31 Jul 2025	—
Final Dividend - Rs. - 4.0000	11 Jul 2025	12 Jul 2025	—
Interim Dividend - Rs. - 4.0000	30 Jan 2025	30 Jan 2025	—
Interim Dividend - Rs. - 4.0000	31 Oct 2024	2 Nov 2024	—
Interim Dividend - Rs. - 4.0000	20 Aug 2024	20 Aug 2024	—
Final Dividend - Rs. - 4.0000	5 Jul 2024	6 Jul 2024	—

Board meetings

29 Jul 2026 Board Meeting - Financial Results